Overview
- Fiserv lost about US$29 billion in market value after a one‑day drop of roughly 43%–44%, with additional declines in the following session.
- The company cut its 2025 organic revenue growth guidance to 3.5%–4%, down from about 10% previously communicated.
- Executives cited Argentina's shifting conditions—peso depreciation after April's lifting of currency controls and easing inflation and rates—as drivers of margin compression.
- Argentina had delivered exceptional results in 2023–2024, adding roughly 10 percentage points to 2024 organic growth with operating margins about double the corporate average.
- CEO Mike Lyons launched a restructuring program called One Fiserv to sharpen efficiency, accelerate product execution, and enforce capital discipline, as investors await signs of operational recovery.